Question

What are Expedias financial goals-objectives-strategies as well as this recent financial performance. Please provide references/links..

Answer 1

The expedia group has defined its purpose of doing business and existence as “ Our purpose is to bring the world within reach.”

The expedia group has the following strategies and corporate objectives:

1. To be Locally Relevant on a Global Basis
2. To be Customer Centric
3. To Attract and Engage the World of Travel Suppliers
4. To provide Power Other Industry Partners
5. To Continuously Improve Our Platform with Data and Tech
6. To Place themselves where Exceptional People Who Share our Passion for Tech and Travel Want to do their Best Work

There is no definite financial target but the continuous and steady growth of the company and industry is foreseen by the company. The company has grown their business to 33 countries of the world.

During the current performance in the quarter II of 2018 of the company, there is a growth of 11% in the Revenue and improvement in the Gross Bookings is about 13% and the bookings for the Room Nights has observed an improvement of 12%.

In terms of numerical results : During the year 2017, the Gross revenue of the company was $10060m, earned a operating income of $625m and the company end up with the Net Income of $371m. The basic EPS and diluted EPS were $2.49 and $2.42 per share respectively, which shows a growth of 25% over last years EPS results. The dividend paid in the year 2017 was $1.16 per share, a growth of 16% over the last year.

(source of information: Annual report of the company)

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